Britney's hair may fetch $1 million

Britney Spears' hair is being auctioned and may fetch millions which will be donated to the Britney Spears Foundation.

With Britney Spears' fans going crazy about her shaved head, auctions have already began on eBay for the pop singer's hair lock and it can fetch millions with the bid starting at $1 million.

The auction may go up to $100 million. So far, only two bidders have weighed in, and the auction is set to close at about 5.30 pm onTuesday, reports www.hollywood.tv.

The seller says he collected the hair from Esther Tognozzi, owner of Esther's Hair Salon, along with other items -- a partially consumed can of Red Bull energy drink plus a blue disposable cigarette lighter she carried when she went to the salon.